On January 19, <Suggestions on how to promote corporations to enter the new third market> was formally set out by the local government. the <Suggestions> is aiming to provide the corporations who enter the new third market with financial subsidies and preferential policies.
     The new third market, as an important component of the multitiered capital market system in China, is the base and front stage of the main market and small market. The future of the ideal model of China's capital market is a pyramid model, covering third market, small and medium market, second market and main market.
     In order to fully mobilize enterprises to enter the "new third market", a special fund, aiming to give financial subsidies to enterprises, has been set up by the authorities of Xiangfan Hi-Tech Zone. According to <Suggestions>, reserved enterprises restructured as a limited company may get 100 thousand yuan; reserved enterprises whose declaration material formally accepted by the Chinese Securities Association may get 200 thousand yuan; reserved enterprises who was listed at the third market may get 300 thousand yuan. The first five enterprises may get 400 thousand yuan. Meanwhile, broker may get 200 thousand yuan. In addition, the local authorities also offers preferential policies as tax, land, planning and other related aspects. (by Huang min and Huang Jinhua)